Non QM Underwriting

Job Summary:

Non-QM Loan Underwriter

Key Responsibilities:

• Manually underwrite Non-QM loan files by evaluating full income, asset, credit, and collateral documentation.
• Analyze alternative income types such as bank statements, P&L statements, 1099s, DSCR, and asset depletion.
• Review files for completeness, accuracy, and eligibility based on lender-specific Non-QM guidelines and overlays.
• Conduct detailed risk assessment and write clear and concise underwriting rationale.
• Communicate and clear underwriting conditions in coordination with processors and loan officers.
• Maintain productivity and quality standards as per client-defined SLAs.
• Ensure compliance with internal policies, investor requirements, and applicable federal regulations.
• Participate in file audits and assist in responding to post-closing and QC inquiries.

Qualifications:

• 35 years of U.S. mortgage underwriting experience with at least

  1–2 years in Non-QM

  .
• In-depth knowledge of Non-QM programs including Bank Statement, DSCR, 1099, CPA/P&L, and Asset Utilization loans.
• Proficiency in manual underwriting and documentation of non-agency loan decisions.
• Strong understanding of U.S. credit, income documentation, and property appraisal norms.
• Experience with LOS platforms (e.g., LendingPad, Encompass, Calyx) and document management systems.
• Strong English communication skills (written and verbal).
• Willingness to work in

  U.S. time zone shifts

  (EST/PST), as required.

Preferred Skills:

• Experience working in an offshore BPO/KPO environment supporting U.S. lenders.
• Familiarity with investor-specific Non-QM guidelines.
• Exposure to Correspondent, Wholesale, or Non-Delegated Underwriting channels.

Work Schedule & Environment:

• Location: Bangalore
• Shift Timing: U.S. time zone coverage
• Secure work environment per client information security standards